Thursday, August 4, 2011

Mortgage Rates as of 8/4/2011

Mortgage Rates as of 8/4/2011
Conforming Mortgages - loan amounts up to $417,000

Product Rate APR Points
30 Year Fixed Rate Mortgage 4.375 4.440 0
20 Year Fixed Rate Mortgage 4.250 4.338 0
15 Year Fixed Rate Mortgage 3.625 3.736 0

Jumbo Mortgages - loan amounts > $417,000 to $2.0MM

Product Rate APR Points
30 Year Fixed Rate Mortgage 4.500 4.515 0
15 Year Fixed Rate Mortgage 3.750 3.775 0

Product Rate APR Points
FHA 30 Year Fixed Rate Mortgage 4.000 4.021 0
CHFA 30 Year Fixed Rate Mortgage 3.875 3.958 1.00
VA 30 Year Fixed Rate Mortgage 4.000 4.021 0.25

Thursday, July 7, 2011

Mortgage Interest Rates as of 7/7/2011

Conforming Mortgages - loan amounts up to $417,000
Product Rate APR Points
30 Year Fixed Rate Mortgage 4.625 4.691 0
20 Year Fixed Rate Mortgage 4.500 4.589 0
15 Year Fixed Rate Mortgage 3.750 4.691 0

Jumbo Mortgages - loan amounts > $417,000 to $2.0MM
Product Rate APR Points
30 Year Fixed Rate Mortgage 4.750 4.765 0
15 Year Fixed Rate Mortgage 3.875 3.900 0

FHA 30 Year Fixed Rate Mortgage 4.375 4.396 0
CHFA 30 Year Fixed Rate Mortgage 3.875 3.958 1.00
VA 30 Year Fixed Rate Mortgage 4.375 4.396 0.25

Friday, October 22, 2010

The Very First Step is Contacting a Real Estate Professional To Find Out Your Home/ Property Market Value.

PRICING YOUR HOME TO SELL! is the first step before staging. Put your mind in the mind of the buyers, then prepare your home to present itself at the price you listed it for. A realistic selling price and terms are perhaps the most important considerations to a prospective buyer of your home. The price is based on a Competitive Market Analysis drawn from research of comparable houses recently sold within the area and those now for sale. Be sure you receive a CMA with comparable sales that are within a year of when you are planning to list your home for sale. The "comps" that are the most recent in market values and within a one mile radious of your home reflects your home's current market conditions.

DON'T OVERPRICE! As a seller, you should be aware that an overpriced home isn't going to make money--it's going to cost money. An inflated price tag is a losing proposition for everyone: you lose time and money, and in the current real estate market it may be challenging to aggressively promote the sale of overpriced property. Prospective buyers will rarely consider a home that's out of their price range and a home that is overpriced for the location. The unfortunate comes to life when you eventually decide to reduce the price to a realistic figure; the buying public may recall how long the house has been on the market and assume there's something wrong with it or the location.

SET THE PROPER PRICE AND GET IT! Your choice in a Real Estate Professional will work with you to determine a fair and realistic price. Based on the daily familiarity and knowledge of current market prices, be certain you are choosing the best qualified real estate professional that is a Realtor to establish a proper price. The major concern is setting the best price that sells your home and only a Realtor can access that information. Several Real Estate Companies offer about the same type of services, the truth is, service begins with the Real Estate Professional representing that company.

You can help sell your home faster for the best price with a little extra effort on your part. The following tips have proved invaluable to owners and are worth your special attention.

First impressions are lasting. The front door greets the prospect so make sure it is fresh, clean, and scrubbed-looking. Keep the lawn trimmed and edged and the yard free of refuse. Be sure snow and ice are removed from walks and steps.

Decorate to sell. Faded walls and worn woodwork reduce appeal. Why try to tell a prospect how your home could look when you can show him by redecorating? Neutral colors fit with any buyer's color scheme, and a new touch of paint will often result in a quick, profitable sale.

Let the sunshine in. Open draperies and curtains and let the prospect see how cheerful your home can be.

Fix the faucet! Dripping water discolors sinks and suggests faulty plumbing. Repairs can make a big difference. Loose door knobs, sticking doors and windows, warped cabinet drawers and other minor flaws detract from home value. Have them fixed. (When prospects see things that need attention, they begin to worry about things they can't see.) Show from top to bottom.

Display the full value of your attic, basement and other utility space by removing all unnecessary articles. Brighten dark, dull basements by painting or washing walls.

Safety first. Keep stairways clear. Avoid a cluttered appearance and possible injuries. Make closets look bigger. Neat, well-ordered closets show that the space is ample.

Believe it or Not...Bathrooms help sell homes! Check and repair caulking in bathtubs and showers. The Bathroom(s) sparkle is a terrible thing to waist. Arrange bedrooms neatly. Remove excess furniture and use attractive/clean bedspreads and freshly laundered curtains.

Can you see the light? Illumination is like a welcome sign. The potential buyer will feel a glowing warmth when you turn on all your lights for an evening inspection.

Three's a crowd. Avoid having too many people present during viewings of the home. Note - If you request your agent to be present at these viewings, they have to be present. If there is too much of a crowd, the potential buyer will feel like an intruder and will hurry through the house.

Music is mellow. But not when showing a home. Turn off the blaring radio or television. Let the Realtor and buyers talk, free of disturbances.

Pets underfoot? Keep them out of the way--take them for a ride or put them outside. If this is a difficult task for you and your pet, then hire a Realtor who is pet friendly that can work with your pet prior to the prospective buyers arriving.

Silence is golden. Be courteous but don't force conversation with the potential buyer. He/She wants to view your house for a potential purchase--not pay a social call. Be it ever so humble. Never apologize for the appearance of your home. After all, it has been lived in. A Realtor is trained to answer any objections--this is their job. Stay in the background. The Realtor knows the buyer's requirements and can better emphasize the features of your home when you don't tag along. You will be called if needed.

Why put the cart before the horse? Trying to dispose of furniture and furnishings prior to potential buyers view your home, makes a room appear like an "empty nest". Remember your three types of buyers; The Starting Out Buyers, The Starting Over Buyers, The Moving Forward Buyers.

A word to the wise. If you hire a Real Estate Professional, let your Real Estate Professional discuss price, terms, possession and other factors with the customer and/or their agent. An experienced full time Realtor is eminently qualified to bring negotiations to a favorable conclusion.

Click here to visit: www.ReadyToMakeAMove.com

Tuesday, September 28, 2010

How to Keep Up Curb Appeal in the Fall and Winter

When selling a home, curb appeal is the first view buyers will see prior to entering your home. Often times, a prospective buyer will decide whether or not they even want to get an inside look based on what they see on the outside. How to keep your home looking attractive in the fall and winter months can be a challenge. But with every challenge, there is an affordable solution saving time and money.
Never assume the market is slower in the fall and winter months. Preparing the exterior of your home during these months will enhance the home’s first impression all the more.
In the fall, colorful leaves are beautiful. But once they start falling and covering the lawn, it is a distraction. It is very important leaves do not get in the way. Keep the lawn and sidewalk clear of leaves along with keeping your lawn mowed. Remove dying and/or overgrown plants along with keeping your shrubs trimmed and shaped. A twice a week effort can result in a higher sales price.
In the winter it is obvious that once the snow falls, the lawn and flower beds are covered. Make sure to keep the snow off the driveway, walk way and any entry location from the outdoors. Brush the snow off the shrubs to allow the shrubs to appear standing tall without the snow weighing the shrubs down. If you are selling your home during the holiday season, try to use very little lights and holiday yard d├ęcor. You don’t want to over clutter the exterior. Keep it simple.
Bringing the home’s curb appeal to life in the seasons of fall and winter is just like preparing your home’s exterior in the spring and fall. How a home’s exterior is maintained is equally as important no matter what the season. A little effort goes a long way when selling during the fall and winter months.
For more advice in selling a home, contact Guerra Realtors, a member of Realty Group CT, for a consultation, free home value market analysis or search for homes in your area at 203-466-7653.

Friday, July 23, 2010

Let's Talk Relocation! - Simple Tips To Prepare to Relocate


By: John Guerra

Here Are a Few Helpful Tips When Deciding to Make a Relocation Move To Another State

Relocating to another state can be a stressful decision. Knowing what steps to make prior to making this decision is a vital part of relocating. Once your decision is made to relocate, it is important to know the time frame to prepare your relocation and services, both local and in the area you are moving. Most important, if your relocation is based on an employment reasons, find out the details in the relocation package your company is giving you to make that move.

If you own a home, many times your company will reach out to a relocation company who will assign a real estate professional that will determine the value of your home and market it for sale. There are also times where you can choose the real estate professional to help you locally. Through this process, a relocation department that works for you or your company will also connect with a real estate professional in the area you are moving to. This process is done to help you find a new home prior to your move.

Once the above steps are taken, it is time to prepare to move. If you currently own a home, it is advisable to clear the clutter and stage the home for sale. Pricing is an important. Through the real estate professionalize advice, you will be provided a CMA to determine the home's current market value. Use the suggested list price rather then over price the home. Over pricing will result in less results which can hurt your time frame decision.

When relocating with children, the relocation company and real estate professional assigned to assist you when purchasing a new home in the area you are relocating, will provide you information relating to demographics, schools, area activities and events that take place in the area you are searching for a new home and more. Although at times relocating can be difficult for people with children, introducing the new area to them by information is a step to prepare them to be excited about this move.

Begin getting estimates from movers to assist you and guide you in a state to state move. Once you chose a professional moving company, determine what belonging will actually go with you and what belongings need to be packed.

Once your home sold locally, and you are pending a purchase of a new home in another location, the professionals assisting you in both transactions will work as a team to make your move go smoothly as well. This includes the time frame of closing both your transactions.

If you are currently renting and relocating, the same applies in leases by Rental specialist as well.

It is time to make that move. You already decided how you will transport your belongings, however it is important to go through them again, including all the items you will not be disposing of. Once you've done that, write down a list of your belongings and call it "my inventory". How are some belongings being shipped, what you will be carrying and what items are staying.

Your travel arrangements, including temporary accommodation in the area you are relocating to, should remain with you. If you decide to move yourself and/or your family by plane, a travel consultant will help you with this area of your travel needs.

It is important that you begin to take care of all your required documentation as soon as your move date is official. Paper work documentations such as school and medical records for you and your children, insurance policies, all papers relating to your real estate transactions, contact numbers, change of address forms and anything else that is important.

On the day of your move, it's advisable that you (or an authorized representative) are there for the whole duration. This will assure you count and condition of your belongings on your inventory list. Additionally, all parties involved in assisting you with your relocation move will be there answer any questions that you may have. This also includes your selected moving company.

Never hesitate to ask questions, address concerns, request school and town tours in the area of your move amongst additional service vendors or professionals you need in any area of expertise.

Author Resource:- Relocating from one home to another, whether it is for a job relocation, family move, retirement, starting out or starting doesn't mean it is a stressful move. Simply tips will guide you through moving to your next home.

Call 1-866-281-4956 for more advice about relocation or visit: www.readytomakeamove.com to get advice, search homes for sale or get a market value of your home.